Behind the gloss of absurdly high startup valuations

STARTUPS: With large investment rounds often come eye-wateringly high valuations of a business. Travel is no stranger to these, frequently leaving in the industry scratching their heads as to where the revenue “value” in a valuation has actually come from. Still, don’t let that stop anyone. Read more on 42floors.

Things certainly are warm in the startup world these days, with multi-billion dollar financing rounds kicking about.